Economy adds 431K jobs in March, unemployment down to 3.6 percent

The U.S. added 431,000 jobs in March and the unemployment rate dropped to 3.6 percent in March, according to data released Friday by the Labor Department.

Job growth fell slightly short of expectations, as consensus estimates from economists projected a gain of roughly 490,000 jobs in March and a decline in the jobless rate to 3.7 percent.